Trade deficit in Kosovo registers a slight drop

Trade deficit in Kosovo has registered a slight drop in the month of March this year compared to the same period in 2017. The fall of imports seem to have had an impact in reducing trade deficit.

This is reported by the Kosovo Agency of Statistics (ASK).

“Kosovo’s foreign trade figures indicate a drop of 1.9% in trade deficit for the month of March 2018, compared to March 2017, namely 228.9 million euros as opposed to a deficit of 233.3 million euros in 2017. Meanwhile, exports accounts for 10.5% of imports”, the report of the Kosovo Agency of Statistics states.

In March 2018, exports were 26.4 million euros, while imports were 255.4 million euros. Exports dropped by 15.4%, while imports dropped by 3.5% on the same period in 2017.

What’s interesting is the fact that Kosovo’s exports with EU member countries have registered an increase compared to last year. /ibna/